1/92 - 58 QUEEN STREET W, Springwater (Elmvale)
2 - 58 QUEEN STREET W, Springwater (Elmvale), ON L0L1P0
Price on request
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
88%
About this property
ALL INCLUSIVE! Clean, spacious, and bright newly renovated 2 Bedroom apartment in very well maintained building in downtown Elmvale. Brand new kitchen, flooring, lighting, paint. Fridge and Stove included. Close to parks, schools, shopping, rec center, restaurants, and so much more. 1 Parking space. All utilities included. Includes fridge and stove. Has Air conditioning. Laundry facilities on same level. Looking for a clean, quiet tenant with good a income stream, references, and decent credit. Public transit. Storage lockers and WIFI are available for an additional fee. All renovations to be completed prior to close. Can be available for occupancy very quickly. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$74K
Annual cash flow
$-10K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
135,176
Households
58,208
Median income
$125,000
Median age
37
Daytime population
185,691
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 - 58 QUEEN STREET W, Springwater (Elmvale).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.